51
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1001 NW 3rd Avenue
About This Property
ENJOY A BBQ ON THE OPEN REAR PATIO. FRONT COVERED PATIO.
THE BEACH IS 2 MILES AWAY.
SPACIOUS LOT @112'X75'.
FULLY FENCED BACK YARD.
ROOM FOR A POOL.
ROOM FOR A GARAGE.
ROOM TO STORE YOUR BOAT.
NO HOA/NO HOA FEES OR RULES!
A RATED SCHOOLS.
FURNITURE IS NEGOTIABLE. "WALK-TO" LOCATION WITH EASY ACCESS TO~ THE SOON TO BE CONSTRUCTED BRIGHTLINE STATION WHICH WILL TRAVEL SOUTH TO MIAMI AND NORTH TO ORLANDO, THE EL RIO TRAIL WHICH OFFERS (2.5 MILES) WALK/RUN/CYCLE PATH, BOCA PUBLIC LIBRARY, THE SKATE PARK, THE CHILDREN'S MUSEUM, GOLDEN FIG PARK WITH PLAYGROUND & FISHING, FARMERS MARKET, CITY HALL AND THE TENNIS CENTER.
WITHIN A FEW MILES AND EASY ACCESS TO~ MIZNER PARK FOR SHOPPING AND DINING, THE CITY BOAT RAMP, BOCA RATON HOSPITAL, FAU, DOWNTOWN BOCA RATON, TOWN CENTER MALL, WHOLE FOODS. YOUR OPTIONS FOR RESTAURANTS ARE NUMEROUS, FROM FINE DINING TO THE MORE CASUAL.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2025 | Sold | ||
| Sold | |||
| Mar 15, 2025 | In contract | - | |
| In contract | |||
| Mar 10, 2025 | Listed by Blue Door Realty Inc. | $875,000 | |
| Listed by Blue Door Realty Inc. | |||
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East Boca Raton 3 Bedroom, 2 Bathroom Home is nestled in highly sought after NO HOA neighborhood 2 miles to the beach. Walking distance to Mizner Park and Boca Raton's 30-acre city redevelopment project. This exceptional property offers a rare combination of convenience, lifestyle, and investment potential. Brand new construction 4,000 sf plus homes being built throughout this East Boca neighborhood. Completely renovated in 2015 including roof, all impact windows and doors. Large fenced yard, room for pool and/or ADU. Located in Boca's Top rated school district, this location is prime.
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| Aug 28, 2020 | Sold | ||
| Sold | |||
| Jul 4, 2020 | Listed by Coldwell Banker | $510,000 | |
| Listed by Coldwell Banker | |||
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About Boca Raton Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017